The Internet of Things is penetrating the businesses in almost every sector and we cannot deny from its wide existence. It can be seen as a wearable technology to track our fitness goals, thermostats with real-time data to reduce the energy usage and even finding the lost keys or misplaced phone with the wireless technology.
Especially in the B2B marketing, wading into the IoT services is mandatory to get a clear view of the customers along with checking the way how they are using the products.
It’s so exciting to see IoT (Internet of Things) growing from a buzzword to a game-changer technology, revamping the business verticals and the ways information is gathered and employed. The technology witnessed endless barriers to gain momentum in the market, such as lack of standards, the absence of supporting technologies, highly-fragmented market structure, unavailability of strong security measures, etc. and is still struggling to become the USP of the technology world.
Though the challenges are still coming in the path of IoT adoption, the technology is expected to gain huge momentum in the market with the help of Artificial Intelligence (AI). The AI technology that disrupted the market with its potential to empower machines to mimic human behavior and take wise decisions with less-to-no human intervention is steering the demand for IoT development. According to the top IoT app development company, AI is resolving various major issues associated with embracing the Internet of Things technology. Some of them are:
Most of us remember the “Star Trek” television series. It was like IoT on steroids. By wireless technology and voice commands, screens came alive, doors opened, fully prepared food was delivered. And who can forget those little communication devices pinned to their shirts and that amazing transporter?
Amazingly, a lot of this technology is now a reality today. We have personal assistants that will play the music we want, tell us the weather anywhere in the world, answer any questions we have about people, places, and history. We are about to have driverless cars, and our smartphones can control a myriad of things remotely.
As amazing as IoT is, it is still in its infancy. Already, though, it is disrupting a number of industries. Here are a few of those industries.
I’m sure I don’t have to tell you that technology is changing the world. We’ve had so much new stuff coming out these last few decades the world today would be unrecognizable for somebody who came to us from thirty years ago.
More importantly, it doesn’t seem like the speed of technological change is letting up. Instead, we’re getting more and more inventions that are changing the private and public landscape.
The only way that we can stay ahead of those is by knowing what is coming and anticipating correctly what they will mean. To that end, let’s look at some of the new technological trends which will change your business in the years ahead.
“Internet of Things” is not new for big businesses. The evolution of IoT technology transformed all the ways of industrial growth including SMEs & startups. In the world of internet-friendly users, you must take advantage of IoT to establish your small-scale business. Introducing an IoT-based product seems a profitable step for your business but what about your budget? Before taking any decision, you have to keep advantages of IoT in your mind and choose between long-term benefits or one-time investment.